Pursuit Wealth Management LLC Buys Shares of 919 Northrop Grumman Corporation $NOC

Pursuit Wealth Management LLC purchased a new position in shares of Northrop Grumman Corporation (NYSE:NOC) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 919 shares of the aerospace company’s stock, valued at approximately $524,000.

Several other hedge funds also recently modified their holdings of NOC. Financial Life Planners acquired a new stake in shares of Northrop Grumman in the third quarter worth $27,000. Physician Wealth Advisors Inc. raised its stake in Northrop Grumman by 200.0% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 48 shares of the aerospace company’s stock valued at $29,000 after purchasing an additional 32 shares during the last quarter. Hopwood Financial Services Inc. bought a new stake in Northrop Grumman in the 3rd quarter valued at $30,000. KERR FINANCIAL PLANNING Corp acquired a new stake in Northrop Grumman in the 3rd quarter worth $32,000. Finally, Wexford Capital LP bought a new position in shares of Northrop Grumman during the 3rd quarter worth about $33,000. 83.40% of the stock is owned by institutional investors.

Northrop Grumman Trading Down 0.2%

NYSE:NOC opened at $678.48 on Thursday. The business’s 50-day simple moving average is $709.56 and its 200-day simple moving average is $637.71. Northrop Grumman Corporation has a fifty-two week low of $450.13 and a fifty-two week high of $774.00. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.10 and a quick ratio of 1.01. The stock has a market capitalization of $96.37 billion, a PE ratio of 23.29, a price-to-earnings-growth ratio of 4.81 and a beta of 0.04.

Northrop Grumman (NYSE:NOC) last issued its quarterly earnings results on Tuesday, January 27th. The aerospace company reported $7.23 EPS for the quarter, beating analysts’ consensus estimates of $6.97 by $0.26. The company had revenue of $11.71 billion for the quarter, compared to analyst estimates of $11.61 billion. Northrop Grumman had a return on equity of 25.57% and a net margin of 9.97%.The company’s quarterly revenue was up 9.6% compared to the same quarter last year. During the same period in the previous year, the company posted $6.39 earnings per share. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. Sell-side analysts expect that Northrop Grumman Corporation will post 28.05 earnings per share for the current fiscal year.

Northrop Grumman Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Investors of record on Monday, February 23rd were issued a dividend of $2.31 per share. The ex-dividend date was Monday, February 23rd. This represents a $9.24 annualized dividend and a yield of 1.4%. Northrop Grumman’s dividend payout ratio is presently 31.72%.

Northrop Grumman News Roundup

Here are the key news stories impacting Northrop Grumman this week:

• Positive Sentiment: B-21 Raider flight-test progress — Northrop announced successful aerial refueling and accelerated flight testing, highlighted $5B+ invested in digital/manufacturing to ramp production and first aircraft planned for 2027; that strengthens long-term program revenue visibility and strategic importance. Northrop Grumman’s B-21 Raider Powers Unmatched Long-Range Strike Capability
• Positive Sentiment: Analyst/upside coverage — recent pieces name NOC among top aerospace‑defense buys as rising defense budgets and stronger air travel boost demand; several firms maintain buy ratings and above‑market price targets, supporting sentiment. 3 Aerospace-Defense Stocks to Buy on Strong Defense & Air Travel Boom
• Positive Sentiment: Earnings momentum — previews from Zacks and others point to revenue/earnings growth and the ingredients for a likely beat next week, reinforcing near‑term upside if results/guide beat expectations. Northrop Grumman (NOC) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
• Positive Sentiment: Space & Sentinel program updates — accelerated Sentinel ICBM progress and successful NG‑24 Cygnus XL cargo mission highlight growing space/logistics revenue streams beyond traditional air/land defense work. Northrop Grumman Updates Highlight Sentinel Progress And Expanding Space Logistics
• Neutral Sentiment: Analyst price-target dispersion & institutional flows — median target sits near $730 but ranges widely; institutional activity is mixed with large adds and large reductions, which can mute directional conviction. Northrop Grumman’s B-21 Raider Demonstrates Advanced Capabilities as Flight Testing Accelerates
• Negative Sentiment: Supply-chain and margin risks — coverage flags that lingering supply-chain issues and rising program costs (notably B‑21 scale-up) could pressure near-term margins even if top-line grows. 3 Aerospace-Defense Stocks to Buy on Strong Defense & Air Travel Boom
• Negative Sentiment: Insider and large institutional selling — recent disclosures show significant insider sales and large institutional reductions at some firms, which can sap near‑term sentiment even as fundamentals remain strong. Northrop Grumman’s B-21 Raider Demonstrates Advanced Capabilities as Flight Testing Accelerates

Insider Buying and Selling at Northrop Grumman

In related news, CAO Michael A. Hardesty sold 147 shares of the stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $732.98, for a total transaction of $107,748.06. Following the completion of the transaction, the chief accounting officer directly owned 2,525 shares of the company’s stock, valued at approximately $1,850,774.50. This represents a 5.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Kathy J. Warden sold 20,000 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $708.82, for a total value of $14,176,400.00. Following the completion of the transaction, the chief executive officer owned 171,602 shares of the company’s stock, valued at approximately $121,634,929.64. This represents a 10.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 22,431 shares of company stock worth $15,924,404 in the last three months. 0.23% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have recently commented on NOC. UBS Group upped their price objective on shares of Northrop Grumman from $777.00 to $778.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Truist Financial reiterated a “hold” rating and set a $623.00 target price (down from $688.00) on shares of Northrop Grumman in a research report on Friday, January 9th. Jefferies Financial Group boosted their target price on Northrop Grumman from $690.00 to $710.00 and gave the stock a “hold” rating in a report on Thursday, April 9th. Citigroup boosted their price objective on Northrop Grumman from $781.00 to $807.00 and gave the stock a “buy” rating in a report on Thursday, April 2nd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Northrop Grumman in a report on Monday, March 23rd. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Northrop Grumman currently has an average rating of “Moderate Buy” and a consensus target price of $719.58.

Northrop Grumman Company Profile

Northrop Grumman Corporation (NYSE: NOC) is a leading U.S.-based aerospace and defense company that designs, builds and sustains advanced systems, products and technologies for government and commercial customers. Formed through the combination of Northrop and Grumman businesses in the 1990s, the company’s portfolio spans manned and unmanned aircraft, space systems, missile defense, radar and sensor systems, and integrated command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR) solutions.

The company’s work includes airframe and platform manufacturing, space hardware and satellite systems, advanced mission systems and cybersecurity services, as well as logistics, sustainment and modernization programs.